27 Sep 2019
People Startup Discussion

1. Become profitable, stop gimmicks. Softbank’s Son gives ‘very public lesson’ to startup founders WeWork isn’t SoftBank’s first intervention. Its investment in Uber Technologies Inc. included a deal to block. controversial co-founder Travis Kalanick from taking a CEO or chairman position. Even as his lieutenants were laying the groundwork…

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24 Sep 2019

1. Indian-origin entrepreneur’s startup leads London fintech boom Among fintech investment deals on a global level, London has taken top spot in 2019, with a total of 114 deals, overtaking New York in second place (101). London also attracts a wider international variety of investors than other European hubs,…

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23 Sep 2019

1. Avataar Venture Partners to invest $300 million in B2B and SaaS companies Avataar Venture Partners will typically put in $10-$30 million in its portfolio companies, aiming to make about 10 investments from its maiden fund. The Mauritius-registered fund’s corpus of $300 million, includes an undisclosed amount that it…

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20 Sep 2019

1. Paytm invests Rs 250 crore to boost its travel business The company claimed that it sells more than six million travel tickets every month and is targeting to grow by 100 percent in the current financial year. The company has chosen Bengaluru as the base of operations for…

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18 Sep 2019

1. Tech companies launch ‘Hyderabad Fintech Forum’ Hyderabad Fintech Forum (HFF), a platform for the exchange of ideas on technology in BFSI (Banking, Financial Services, and Insurance) space to enable and strengthen the start-up ecosystem and make unicorns from the city, was launched here on Tuesday. Principal secretary to…

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12 Sep 2019

1. Former Discovery India head’s EdTech startup raises $10 million in Series A round Nexus Venture Partners, Omidyar Network India, and Owl Ventures have funded Karan Bajaj-founded WhiteHat Jr. White Hat Jr has developed their own original coding curriculum, which is centered on product creation, and imparts their lessons…

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10 Sep 2019

1. SoftBank pushes WeWork to postpone its contentious IPO SoftBank has invested a total of about $10.65 billion into the New York-based company, but that has been at a range of valuations. WeWork has lined up a $6 billion credit line that is contingent on it raising at least $3…

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09 Sep 2019

1. Singapore has become a fulcrum for India’s economic policies: S Jaishankar Around 20 percent of India’s investments came from Singapore and more than 9000 Indian companies were registered here, he noted. In 1992, India launched the India-Asian partnership and by 2005 “we” were members of the East Asia…

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04 Sep 2019

1. Matrix leads first funding round in neo bank Yelo  BENGALURU: New-age digital banking services provider Yelo has raised its first round of institutional funding from Matrix Partners India with participation from Omidyar Network Flourish VC and Better Capital, in the latest instance showing strong investor interest in what is…

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29 Aug 2019

1. Flipkart partners with Authentic Brands to license and distribute Nautica in India The Flipkart group, which includes Flipkart.com and two lifestyle portals Myntra and Jabong, will manage Nautica’s online and offline businesses in the country through a network of franchisees. Flipkart group has partnered with Authentic Brands to…

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